Embattled business man and CEO of Sapphire Scents, Wale Jana has taken to social media to apologize to his investors.

This is coming after Wale Jana’s business crumbled and investors’ money got tied up.

Wale Jana blames poor decision making and business strategies crumbled his business.

See his apologies below…



Kemi Filani News earlier reported that popular activist and lawyer, Segalink picked up the case and moved to start up an independent recovery process to pay up the creditors.

According to Segalink who carried out an investigation on the matter, Wale did not intentionally defraud the investors, but he lacked exit plans and intentionally blocked investors after the business went South.


Revealing that an Investment Debt and An Independent Action for Recovery will be carried out against Wale Jana, Segalink shares a Press Release and wrote:

“PRESS RELEASE
ACTION ON MR WALE JANA (Sapphire Scent). (Investment Debt and An Independent Action for Recovery)”

“Distinguished All, we will soon be calling for claims and you will have the opportunity to state yours while we work towards getting you your capital back. Do keep in touch and stay tuned. Regards “

See some reactions to his apology below…

“What crumbled your business was your support of alleged Rape in the case of Busola and Biodun Fatoyinbo. When people came out en mass to burn your products bought with their money during that saga, you taught it was a joke and instead of you to make amends and distance yourself from the case you kept marching forward in arrogance like your pastor. Now look at you?.”

My question is “why do Nigerians like to give another person money to work and be giving them returns” this is why they fall for Ponzi schemes too. Invest in a company that is running already. Not one that doesn’t even have a strong background already. A business that just started, you gave them your hard earned money

Source?

zod404:
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Kemi Filani

I was so sad when I read the release on Twitter. Wale. I'm feeling so sorry for Wale Jana. All is possessions will be sold to settle debts due to bad exit strategy. I just pray he'll able to come back.